If on an item a company gives 25% discount, they earn 25% profit. If they now give 10% discount then what is the profit percentage?
Submitted by: Administrator30%.
The Profit shall be 50%.
Consider the item price as Rs.10.
After 25% discount, the cost would be Rs 7.5
Company would be profiting 25% on original price. Hence original price is Rs 6. (25% of 6 is 1.5. So 1.5+6=7.5)
Now if discount is 10% , the cost of item would be Rs.9. Hence 50% profit (as Rs 9 is 1.5 times of 6)
Submitted by: Administrator
The Profit shall be 50%.
Consider the item price as Rs.10.
After 25% discount, the cost would be Rs 7.5
Company would be profiting 25% on original price. Hence original price is Rs 6. (25% of 6 is 1.5. So 1.5+6=7.5)
Now if discount is 10% , the cost of item would be Rs.9. Hence 50% profit (as Rs 9 is 1.5 times of 6)
Submitted by: Administrator
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